css-14iz86j-BoldText {font-weight: bold;} The EU and UK are continuing their talks on post-Brexit trade, and there is speculation that they are close to reaching an agreement achieve

BBC Political Editor Laura Kuenssberg said it was “very likely” that both sides would be “heading” towards an agreement

Disputes over fishing rights and business competition rules remain the main obstacles to reaching an agreement

An EU official close to the talks said: “It is crisis time but talk of a deal announcement is premature”

And a Downing Street source said it was “possible but far from certain” that an agreement could be reached later Wednesday

The two sides have until 31 December, if the UK leaves EU trade rules, time to reach an agreement and then have it approved or ratified by parliamentarians

By then, if they don’t, they could impose import taxes on each other’s goods, potentially affecting prices

British negotiator Lord Frost and Stephanie Riso, a senior member of the EU team, are still being discussed in Brussels

EU sources said UK Prime Minister Boris Johnson and European Commission President Ursula von der Leyen were also in contact to break the deadlock ahead of the expected break in negotiations for Christmas

The United Kingdom insists from 1 January to have control of the fisheries in its waters and to keep a larger share of the catch from them than under the current quota system

However, the EU wants to introduce a new fishing system over a longer period of time and improve access to British waters for boats from France, Spain and other Member States

EU negotiator Michel Barnier said Tuesday that a “final push” had taken place According to reports, the EU had made one final offer on fishing, according to which it would reduce access to the UK market by 25%

Ireland’s Taoiseach (Prime Minister) Micheál Martin said the UK was pushing for a 35% cut instead, adding that the negotiations “were all due to fish, it would appear now”

He also highlighted the prospect of UK and EU officials working on Christmas Day, adding that he and other leaders are “on standby” to support their support for a possibly imminent deal / p>

The UK has said it will be ready by Jan. Speaking further December, however, be prepared for any outcome, while EU diplomats have suggested that the bloc would be ready to continue negotiations through 2021 if necessary

However, ministers have repeatedly ruled out an extension of the transition period under which the United Kingdom had left the EU on December 31 January continues to follow the Brussels trade rules

The European Research Group of Conservative MEPs who support Brexit has promised to convene their “star chamber” of lawyers – who were extremely critical of the withdrawal agreement between former Prime Minister Theresa May and the EU – to analyze an agreement reached

Chairman Mark Francois and Vice-Chairman David Jones said they would “study it carefully to ensure that its provisions truly protect UK sovereignty”

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Brexit Deal

World News – UK – Brexit: UK and EU haggle as hopes for a trade deal rise

Source: https://www.bbc.co.uk/news/uk-politics-55422729